Women drive wealth

Women drive wealth

‘Women drive wealth:' Female leaders reflect on progress that still needs to be made (yahoo.com)

As Women’s History Month comes to a close, Nasdaq had women leaders at Monday’s closing bell.

With only 10% of Fortune 500 companies led by women, the symbolism of having some of the most innovative women at the intersection of finance, funding, and founding at the ceremony was not lost on attendees.

“We all know that VCs are investing only 2% in female founders, and even less than that in women of color,” Shelley Zalis, CEO of the Female Quotient, said in a speech before ringing the closing bell. “But, we also know that women-led startups are outperforming their male counterparts, generating more than 63% more value and twice as much per dollar invested. Women drive wealth.”

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